CBS executive George Cheeks said Stephen Colbert's "Late Show" cancellation was due to economic challenges and declining late-night advertising revenue.

PARAMOUNT Global and Skydance Media completed their $8.4-billion merger on Thursday, capping a drawn-out deal process marked by political scrutiny and shareholder concerns.

CNBC's David Faber sits down with Paramount Skydance chairman and CEO David Ellison to discuss the company's relationship with the NFL, Taylor Sheridan, plans for CBS News, and much more.

The new ownership team at Paramount is looking for ways to improve its critical streaming business. The new ownership team at ...

Much has been made of the cancellation, and naturally, CBS is taking a lot of arrows from those claiming the move is somehow connected to President Donald Trump. Paramount recently settled a lawsuit ...

David Ellison and four other members of the New Paramount executive board spoke about their plans for the company on Thursday ...

Secretary Kristi Noem blasted Comedy Central’s “South Park” for its depiction of her, calling it “lazy” and part of a pattern of making fun ...

The Comedy Central show certainly is a key asset for Paramount. But it has emerged this summer as one of the most scathing critics of President Trump on US television, raising concerns about whether ...

The merger was approved after Skydance agreed to ensure CBS news and entertainment programming would be free of bias ...

The chief executive of Skydance, David Ellison, is now in control of CBS and its parent company, Paramount, but he is not ...

President Trump is not done lashing out at CBS, or its liberal program hosts, Knewz.com can report. After boasting about the ...

"We're ready to move past the noise," the new Skydance CEO said, as reporters lobbed questions about Trump, '60 Minutes' ...